Yea, think we have to expect another 50% dilution...maybe more? I've jumped out and would jump back if there was enough capital raised to properly get something into production, but we are grasping at straws here. They went for Voyager first as I know on calls with the directors they skirted around Galactica/Pegasus helium grades (likely well less than 6%) and didn't comment on flow rates.
To each their own, but I see no reason to not jump out and take a tax loss credit knowing you will get heavily diluted even if shares prices jump up a bit or the whole thing goes to zero. I guess they could be acquired but who would want to take this on with obligations to IACX that have pretty well been proven can't be covered by Voyager's operating p+l....
BNL Price at posting:
0.7¢ Sentiment: Sell Disclosure: Not Held
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